“It’s called a cupro-nickel
dollar, Rodney. Or an Eisenhower dollar because it has a picture of our
former President Eisenhower on it.”

“What does cupro-nickel mean, Pops?”

“Well, Rodney, it means
the coin is made out of copper and nickel, mostly copper.”

“It’s made out of
copper?”

“Yes, Rodney.”

“Isn’t a penny made out
of copper, too, Pops?”

“Yes, Rodney. Before
1982, a penny was made out of 95% copper and 5% zinc. After 1982, our
pennies are made out of 97.6% zinc and 2.4% copper.”

“OK, Pops, so how many
pennies equal a cupro-nickel dollar?”

“A hundred pennies,
Rodney. Go get your piggy bank and stack up a hundred pennies next to this
$1 coin on the kitchen table.”

So Rodney runs into his
bedroom, grabs his piggy bank full of coins, dumps them out on the table,
and neatly stacks ten groups of ten pennies each next to the cupro-nickel
dollar.

“Hey, Pops,” said Rodney
as he stared at the 100 pennies stacked next to the $1 coin. “Something’s
wrong. Looks like the copper in five copper pennies equals the size of one
copper-nickel dollar.”

“Cupro-nickel dollar,
Rodney. Yeah, you’re right. Looks like the weight of about five pennies
equal the $1 coin.”

“But, Pops, you said a
$1 coin equals a hundred pennies, not five pennies.”

“Hmm, Rodney. You ask a
lot of questions. How can the U.S. cupro-nickel dollar equal five pennies
and a hundred pennies at the same time?”

Rodney’s correct. There
is a discrepancy. But that’s not all. The current U.S. Dollar coins – the
Susan B. Anthony and Sacagewea $1 coins – are about the size of the U.S.
Quarter and contain about 88% copper. Are they worth two pennies (copper
content) or 100 pennies (face value)? Go figure. Where did the U.S.
Treasury go wrong? Or is it the private Federal Reserve? Or is it the
fault of the U.S. Congress? How did this fuzzy math logic creep into our
coinage system? Does a U.S. dollar equal two pennies, five pennies or 100
pennies?

Today, the concept of
nominal value (face value) of U.S. coins has been stripped away from the
relative weight of each fractional coin as if it no longer mattered. Once
the government strips away the concept of relative weights and measures for
hard currency and convinces the public that it doesn’t matter, the
government can then manipulate the people’s money, and therefore the people,
in any way it chooses. He who controls the money supply, controls the
nation.

The next obvious step
would be to redefine the relationship between gold money and the paper
receipt for the gold money. The Federal Reserve changed the wording on our
gold and silver certificates from “this certifies there is X amount of
silver or gold on deposit in the U.S. Treasury, payable to the bearer on
demand” to something like “Hi. I’m an inflatable Federal Reserve Note not
backed by anything. You can redeem me for another inflated Federal Reserve
Note. Good luck.”

Now that the Federal
Reserve has played fuzzy math with the face value and relative weights of
our fractional coins, and disconnected the relationship between a paper
receipt (an IOU) for gold and silver, the government can do anything it
wants with the people’s money – such as redefine the terms “inflation” and
“deflation” and make up brand new terms to confuse the public like “trade
surplus,” “trade deficit,” and “gross domestic product” which have no
meaning except within paper-only (no gold) monetary systems. In fact, the
Fed now claims in a big contradiction that (1) there is no collateral for
the Federal Reserve Notes it creates, and (2) collateral for the Federal
Reserve Note is the nation’s gross domestic product. Unfortunately for the
Fed, it does not own America’s GDP – you do – and, therefore, the Fed cannot
issue either promissory or non-promissory notes against collateral that it
doesn’t own. (I can’t issue paper money against your house or
your car or your six-pack of Bud Lite sitting in your
fridge. Only you can. But you can’t issue 1,000,000 Notes against
the same car. That would be counterfeiting. However, the Fed does. Every
day. How tricky. The Federal Reserve is either legally counterfeiting its
own Federal Reserve Notes by issuing more units for the same fake collateral
– which it euphemistically calls a fractional reserve system -- or it’s
simply creating National Wallpaper out of thin air. Take your pick.)

The crème de la crème of
Federal Reserve Fairy Tales, however, is redefining inflation as an increase
in prices (the result) rather than as an increase in the money supply not
backed by gold (the true cause of general price increases). In this clever
manner, the people can be led to blame everybody and everything except the
real cause of inflation, which is the private Federal Reserve bankers who
make their fortunes by continually expanding (and contracting) the U.S.
money supply at their mere whims (which happen to coincide with their latest
economic deals) -- especially after having stripped paper money from gold.

Why did they strip
Federal Reserve Notes from gold? Because you can’t inflate gold coins. And
if you can’t inflate gold coins, you can’t exercise control over free people
who are on a gold standard. How do you remove the concept of gold from
money? How about a national education system for the masses in which the
people are taught new Federal Economic Fairy Tales – from kindergarten to
Ph.D.s in Econometric Silliness?

Why
would anybody such as private bankers do this? Ultimately, money is power.
And power is the name of the game. That’s why a U.S. cupro-nickel dollar
equals two pennies, five pennies and also equals 100 pennies. Fuzzy math
and economic fairy tales keep the private Federal Reserve bankers in power.
As long as the American public doesn’t understand the difference between
real money (such as gold) and fake money (such as the Federal Reserve Note),
when the Fed Reserve says, “Jump!” your only logical fuzzy answer is, “How
high?”